Craft brew alliance, inc. (BREW)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income (loss)

598

-6,941

-1,224

2,610

-7,364

-532

61

4,452

161

7,835

1,751

1,724

-1,787

76

552

2,261

-3,209

1,259

732

1,390

-1,163

718

565

1,995

-201

746

1,892

1,095

-1,774

321

948

559

698

244

1,231

8,160

16

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization

2,535

2,566

2,607

2,660

2,726

2,627

2,598

2,651

2,736

2,553

2,436

2,573

2,895

2,806

2,694

2,747

2,615

2,501

2,494

2,439

2,288

2,216

2,177

2,159

2,096

2,085

2,088

2,038

1,953

1,851

1,757

1,916

1,845

1,829

1,724

1,831

1,820

(Gain) loss on sale or disposal of Property, equipment and leasehold improvements

87

92

30

-14

-8

18

55

-22

516

-264

-18

-143

-3

-80

-7

-7

-2

-25

-12

-91

-215

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from equity method investments, net of distributions received

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

335

356

Loss on sale or disposal of Property, equipment and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-23

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

831

-2,610

-1,228

805

-2,341

167

-44

-24

-605

-5,232

210

829

-1,207

186

838

1,491

-2,155

659

150

824

-757

393

250

392

-326

150

699

755

-1,230

466

291

290

411

120

739

4,190

-24

Stock-based compensation

447

417

336

835

418

426

371

202

485

371

391

197

357

445

333

289

20

277

275

325

280

-21

361

273

171

-83

284

246

102

18

218

177

134

130

88

210

39

Lease expense

111

-

-

-

54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from employee stock plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

107

15

83

93

108

42

0

0

-

-

-

-

-

-

-

-

Other

-862

413

-341

86

66

297

18

115

73

-367

31

703

172

641

86

-625

552

-56

-289

202

-140

41

55

-89

-293

-228

224

146

144

-94

0

0

-235

-

-

-

-

Changes in operating assets and liabilities:
Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

Accounts receivable, net

3,957

-871

-11,900

2,391

-2,466

2,094

-8,539

8,930

285

-1,110

1,552

4,912

-1,578

266

-3,588

10,067

-1,663

207

-2,853

7,382

2,449

672

-2,260

2,295

-336

-643

633

432

436

-1,200

418

703

-2,317

656

-407

1,885

-158

Inventories

3,183

-1,652

502

818

2,531

-177

2,620

-1,506

1,791

-4,129

1,952

-5,249

1,926

-1,288

-2,132

2,846

2,188

80

-1,313

-4,553

4,491

-102

-622

1,556

1,353

1,493

973

743

2,368

-107

508

-1,283

2,737

-801

330

-585

1,696

Other current assets

1,384

-71

433

-1,719

2,406

1,894

-599

-633

-1,128

2,964

-2,217

75

1,018

465

-737

149

178

-1,392

-678

106

-9

1,117

-453

-298

645

231

-447

-488

297

396

178

120

300

321

-811

-320

392

Accounts payable and other accrued expenses

368

-2,806

918

-4,425

12,493

-4,064

-2,967

4,874

3,015

-14,419

5,797

4,353

2,946

779

-7,315

6,319

1,732

258

-2,437

921

4,409

-1,686

-4,371

3,004

2,228

-633

-696

607

3,352

-904

-580

-382

3,135

-749

-3,041

-1,196

2,213

Deferred revenue

-815

-

-

-

-812

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued salaries, wages and payroll taxes

-1,891

-207

962

-1,460

745

862

76

-19

-1,185

-293

1,252

-1,037

988

-890

1,475

-865

-221

-307

775

-202

88

-563

-574

1,313

322

-148

-662

1,331

-1,172

822

-434

882

-527

615

-171

547

-520

Refundable deposits

71

-

-

-

-70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Refundable deposits

71

-

-

-

-70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Refundable deposits

-

-

-

-

-

-

-319

234

-475

-

-487

-433

36

-103

-80

953

-328

-2,467

633

-32

-149

-230

742

178

268

0

546

174

409

-351

269

547

-134

-2

31

473

133

Net cash provided by (used in) operating activities

-7,218

-7,466

30,354

668

3,452

-3,423

8,207

5,716

2,741

-5,685

10,112

9,314

3,037

4,577

5,047

-485

-1,695

3,260

7,190

2,972

-1,860

-

-

-

-

895

3,174

5,705

-1,317

-

986

4,449

4,607

1,731

1,374

2,170

1,453

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,533

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Expenditures for Property, equipment and leasehold improvements

7,066

3,921

1,038

4,267

5,173

6,553

1,932

3,180

1,104

2,172

11,250

2,955

1,965

3,516

2,986

3,569

5,651

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expenditures for Property, equipment and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,956

2,588

3,228

-

7,862

2,722

2,352

2,533

2,048

3,411

1,902

1,369

3,191

2,780

1,798

1,851

2,943

1,679

2,015

Proceeds from sale of Property, equipment and leasehold improvements

97

133

33

6

16

19

62

480

22,456

0

4

91

0

-

-

-

-

2

23

2

385

18

221

15

0

-

-

-

-

0

0

8

29

-

-

-

-

Restricted cash from sale of Property, equipment and leasehold improvements

-

-

-

-

-

0

0

0

515

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-6,969

-3,788

-1,005

-4,535

-5,157

-44,421

-1,870

-2,700

21,867

-2,172

-13,347

-2,864

-1,965

-3,449

-3,911

-3,561

-5,651

-6,812

-3,933

-2,586

-2,843

-

-

-

-

-2,533

-2,048

-3,411

-1,902

-

-3,191

-2,354

-1,769

-1,408

-2,891

13,440

-2,010

Proceeds from sale of property, equipment and leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52

44

5

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,352

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on debt and finance lease obligations

348

440

343

178

277

204

172

174

174

226

222

130

131

128

127

125

225

126

723

123

122

146

167

139

152

733

159

153

163

156

144

148

148

146

4,349

431

825

Net borrowings under revolving line of credit

14,339

152

-18,194

-1,679

2,609

37,092

0

0

-22,199

8,146

1,834

-4,518

-1,238

-940

-1,099

3,467

7,770

2,837

-2,000

0

4,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net borrowings under revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

0

0

8,800

-1,300

Proceeds from issuances of common stock

92

248

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

167

258

17

46

125

5

20

94

0

10

3

0

-

-

-

-

Tax payments related to stock-based awards

270

19

0

168

157

0

8

84

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuances of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

0

13

Excess tax benefit from employee stock plans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

107

15

83

93

118

42

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

13,813

-59

-18,537

3,167

2,175

36,888

41

-52

-22,373

8,031

1,606

-4,561

-1,369

-1,096

-1,061

3,271

7,545

2,647

-2,718

-165

4,778

-

-

-

-

-536

-112

-133

-69

-

245

-145

-148

-146

-4,339

-9,231

488

Increase (decrease) in Cash and cash equivalents

-374

-11,313

10,812

-700

470

-10,956

6,378

2,964

2,235

174

-1,629

1,889

-297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

-775

199

-905

539

221

75

-488

-4,955

3,530

168

-2,174

1,014

2,161

-3,288

1,538

-1,960

1,950

2,690

177

-5,856

6,379

-69

Supplemental disclosure of cash flow information:
Cash paid for interest

273

-

-

-

335

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

107

178

-

177

185

178

178

189

168

132

147

153

181

148

139

141

136

124

107

122

190

182

-1,357

197

193

193

137

230

296

309

Cash received for income taxes, net

61

-2,119

-10

569

0

628

324

125

1

942

40

176

0

485

22

18

62

340

2

16

40

298

643

172

74

513

10

18

2

-892

23

79

374

-

-

-

-

Cash paid for amounts included in measurement of lease liabilities

752

641

856

771

742

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash information:
Right-of-use assets obtained in exchange for operating lease obligations

0

20

5,172

0

19,726

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for finance lease obligations

0

0

0

0

2,538

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of Property, equipment and leasehold improvements with capital leases

-

-

-

-

-

-

-

-

-

121

220

0

180

0

500

200

473

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of Property, equipment and leasehold improvements included in Accounts payable at end of period

573

656

738

-1,185

1,384

2,856

-224

226

203

234

-7,265

7,446

104

-796

135

55

1,495

-583

1,250

-152

819

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of Property, equipment and leasehold improvements included in Accounts payable at end of period

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,500

508

-

-74

213

540

0

0

0

0

-

-

-

-

Cash paid for income taxes, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

262

107

104